secwatch.observer — SEC 8-K summary
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Issuer:     EVgo Inc. (EVGO)
CIK:        0001821159
Form:       8-K
Filed at:   2025-05-06T23:59:59+00:00
Accession:  0001558370-25-006382
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EVgo Q1 revenue record $75.3M (+36% YoY), net loss $11.4M, adj. EBITDA -$5.9M
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- Record revenue $75.3M (+36% YoY); charging network revenue $47.1M (+49% YoY).
- Network throughput 83 GWh (+60% YoY); average daily throughput per stall 266 kWh (+36% YoY).
- Net loss attributable to Class A common $11.4M; adjusted EBITDA ($5.9M).
- Received $75M first advance from $1.25B DOE loan guarantee in Jan 2025; second $19M advance in April.
- Added 180+ operational stalls in Q1, ending with 4,240 total stalls.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1821159/000155837025006382/0001558370-25-006382-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1821159/000155837025006382/evgo-20250506x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-006382

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer